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Kainuun Sanomat - Finland | Wednesday, March 11, 2009

Recession fosters violence

The daily Kainuun Sanomat writes that the economic crisis is partially to blame for violence flaring up again in Northern Ireland: "During the times of the Northern Ireland peace process the economy developed rapidly, and then the financial crisis hit. The price of real estate dropped by at least a third last year and unemployment is rapidly increasing . … The collapse of financial capitalism is radicalising several extremist groups. Wall Street and the irresponsible bankers of London City are to blame for this disaster, for the loss of jobs and misery all over the world. Marxist-anarchist ideas and the concept of armed resistance are now more in vogue in Europe than they were in the last decade. The security authorities must be on their guard - and not just in Northern Ireland."

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